OptionsHouse

Options Trading News

January 9, 2012  Mon 12:17 AM CT

XLY: SEE CHART GET CHAIN FIND STRATEGIES
There is just one report set on today's economic calendar, and that is consumer credit. Unless there is a big positive or negative shift in the number, it isn't likely to produce much market reaction.

The report, out at 3 p.m. ET, has consensus forecast at $7.6 billion of new debt. The range of estimates is from $3.5 billion to $11.6 billion. Traders may be more bullish if they see consumers willing to leverage up by adding more debt.
Share this article with your friends


Related Stories

XLY

Consumer discretionaries hedged

April 1, 2015

The SPDR Consumer Discretionary Select Sector Fund pulled back after reaching an all-time high at the beginning of last week but then rebounded at a key level.

Invest Like a Monster - San Diego: June 26-27

Premium Services

Education & Strategy

Investor deficiency in premium collection

Most investors have heard about selling options as a form of income generation. You hear it from brokers and financial advisors as a way to generate income without selling off pieces of your nest egg, dwindling through your retirement accounts, and then being stuck figuring out how to financially afford the rest of your life...

View more education articles »